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CoStar Sees Industrial Vacancy Holding at 7.3% Through 2027 Despite New Supply

CoStar Sees Industrial Vacancy Holding at 7.3% Through 2027 Despite New Supply

by John G. Stevens | Oct 30, 2026 | Commercial Real Estate News, Market Snapshot, Real Estate Investing

U.S. industrial-property vacancy is expected to remain at 7.3% through 2027, according to a revised forecast released Friday by CoStar Group. The outlook assumes a recovery in warehouse leasing will continue, even as new construction is projected to exceed demand...
Gaming and Leisure Properties Moves Beyond Casinos With 3.8 Million-Square-Foot Prologis Venture

Gaming and Leisure Properties Moves Beyond Casinos With 3.8 Million-Square-Foot Prologis Venture

by John G. Stevens | Oct 29, 2026 | Commercial Real Estate News, Industry Updates, Real Estate Investing

Gaming and Leisure Properties is preparing to turn a former Illinois casino site into a major warehouse campus, an unusual step for a real estate investment trust whose holdings have been concentrated in gaming properties. The company disclosed additional terms of its...
Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center

Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center

by Phil Hall | Feb 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Trump administration has paid $87.4 million purchased a nearly 520,000-square-foot warehouse in Pennsylvania’s Berks County for use as an immigration detention center. ABC27.com reports the warehouse was acquired on behalf of the Department of Homeland Security...
Dalfen Industrial Sells Warehouse to the State of Florida

Dalfen Industrial Sells Warehouse to the State of Florida

by Phil Hall | Aug 14, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Dallas-headquartered Dalfen Industrial announced the State of Florida purchased one of its buildings in the recently developed Midpoint Florida Logistics Center in Auburndale, Florida. The 423,000-square-foot warehouse has direct access to a full diamond interchange...
Amazon Leases 2 Million SF of California Industrial Space

Amazon Leases 2 Million SF of California Industrial Space

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...
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